Camber completes acquisition of Lineal Star Holdings
Camber Energy, Inc., based in Houston, Texas, has announced that it has closed the previously announced acquisition of Lineal Star Holdings, LLC (Lineal). The acquisition was completed in an all-stock transaction, by the entry into an Agreement and Plan of Merger.
Lineal, based in Houston, Texas, is the parent company of (a) 64-year-old Lineal Industries Inc. (Lineal Industries), based in Pittsburgh, Pennsylvania, and (b) Lineal Star Incorporated (Lineal Star), headquartered in Houston, each of which were acquired by the Company as part of the merger. Lineal Industries has provided over six decades of upstream, midstream, and utilities pipeline maintenance, specialty construction and integrity services to Fortune 500 companies located in the states of Ohio, Pennsylvania, Virginia, West Virginia, Maryland and New York.
The company plans to expand the Lineal brand by acquiring and developing complementary specialty engineering, procurement and construction energy infrastructure service businesses, as well as generating organic growth in downstream field services in Lineal Star, Lineal’s newly formed Gulf Coast based operation.
Country updates
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July 05, 2019
EDPR, EBCE sign PPA for 100 MW Sonrisa Solar Park in US
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Ørsted acquires 103 MW South Dakota wind project from Pattern Energy
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July 03, 2019
juwi to build Palmer Solar Park in Colorado
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